Daily Archives: July 22, 2014

With peace secured in the Middle East, the economy mended and our southern border secure, Obama feels free to leave town again

I'm out spending your children's inheritance

I’m out spending your children’s inheritance!

Off for another fund raiser jaunt, this time a three-day jaunt in California. “It would have been four days,” White House spokesman Joshin Earnest explained to FWIW”, but the president wanted to stay in town until the mystery of Flight 17 was solved. Now that President Putin has assured us that Russia had nothing to do with that, we’re good to go.”

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We shall fight on the beaches…we shall NEVER surrender!

Water view

Water views

212 Shore Road, at the head of the Tod’s Point causeway, is back for another try, this time asking $3.995 million. I’ve wondered (okay, laughed) at this property for years, when it sold for $3.535 million in 2005, when it sold for the bat shit crazy price of $4.975 a year later in 2006, when they asked $5.695 for it in 2007 and discovered that the game of greater fool had ended and the music had stopped, and now this latest price.

Look: it’s on less than a 1/3 acre in the R-20 zone, so anything built here is hugely constricted by FAR, to something like 3,200 sq. feet. And it’s in the highest risk zone, VE, so that 3,000 ft. building will have to stick straight up on stilts, far above the water. The perfect structure for this location with these restrictions is a lighthouse, but how much will someone pay for one of those?

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6 Meadowcroft Lane sales price reported

$12.875 million, for 1931 home and 8 acres, which seems appropriate for this house, this location. The owner tried for $15 million originally, but if, as rumor has it, she pocketed a $1.3 million forfeited deposit when a buyer changed his mind and bought something else, she made out just fine.

Thanks to the Greenwich Association of Realtors new policy of keeping information on sold properties from the public, there’s no useful link I can direct you to, but here’s the listing sheet and some pictures.

6 Meadowcroft

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